Senior Associate, US Regulatory Services

What is the opportunity

US Regulatory Services is responsible for ensuring timely accurate and complete reporting to various exchanges self-regulatory organizations and the SEC. The individual in this role is primarily responsible for day-to-day operational execution to broader planning within the area of expertise. This could include direct or indirect supervision of junior employees in a Manager or Team Lead capacity as well as direct ownership of functions. Functions within the team can include remediating issues identified; control and risk management and reporting process improvement; providing support for regulatory change initiatives; and researching and responding to regulatory inquiries and exams. Additionally the individual will utilize subject matter expertise while representing the department or function at a broader level. Additional responsibilities may include performing user testing for existing process enhancements documenting new procedures related to new reports on-boarded while acting as a go-to-person/escalation point for questions from junior analysts and other areas. This role may focus on multiple forms of regulatory reporting such as CAT CAIS Electronic Blue Sheets LOPR Short Interest SEC 13DGH TRACE MSRB and more. The role works closely with several areas of the Firm to support the above functions including various business groups within the Firm Compliance Legal Finance and Technology.

What will you do

• Fully knowledgeable on the day-to-day reporting activities and ensures all procedures are followed for assigned reports (May include CAT CAIS SEC 13DGH TRACE EBS LOPR or as assigned by manager)
• As required serves as a final reviewer for assigned regulatory reporting submissions
• Acts as an effective layer of escalation for junior or less experienced staff on complex issues
• Support the development and implementation of controls to ensure the timeliness accuracy and completeness of reporting and resolve any exceptions identified
• Responsible for prioritization of reporting anomaly issues which may include requirement development
• May be responsible to produce presentations for a range of stakeholders highlighting achievements reporting metrics and other relevant material
• May be responsible for assisting with impact assessment of system / business changes
• Develops and harnesses ideas for continuous process improvement
• Document revise and maintain procedures as required; ensure team is trained on all procedures
• May have management responsibilities for a small team or serve as a Functional SME
• May be assigned to work on projects outside of responsibilities listed above

What do you need to succeed

Basic Qualifications

• Bachelors Degree or Equivalent Required preferably in Engineering or Business or a related subject

• Understanding of financial products (Equities Listed Derivatives Fixed Income and/or OTC Derivatives)
• Strong understanding of the trade life cycle (Orders Executions Allocations) is required
• Some understanding of Middle Office Trade Processing is required
• Some experience in Front Office / Middle Office trade processing is a plus
• Management experience is a plus
• Strong proficiency in MS Word Excel (inclusive of Pivot Tables and VLOOKUPs) PowerPoint and Outlook

Other Required Qualifications:

• Ability to work well under pressure adapt to unexpected events prioritize and multi-task in a deadline driven environment
• High attention to detail
• Ability to maintain high standards despite pressing deadlines
• Ability to solve problems quickly and efficiently
• Demonstrated dependability and sense of urgency about getting results
• Requires excellent interpersonal and communication skills
• Ability to build strong working relationships with people at all organizational levels
• Must have excellent judgment professionalism and integrity
• Team player with a positive attitude

Whats in it for you

We thrive on the challenge to be our best progressive thinking to keep growing and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other reaching our potential making a difference to our communities and achieving success that is mutual.

• A comprehensive Total Rewards Program include competitive compensation and flexible benefits such as 401(k) program with company-matching contributions health dental vision life disability insurance and paid-time off.
• Leaders who support your development through coaching and managing opportunities.
• Ability to make a difference and lasting impact.
• Work in a dynamic collaborative progressive and high-performing team.
• Opportunities to do challenging work.
• Opportunities to build close relationships with clients.

The expected salary range for this position is $85000 - $100000 USD depending on your experience skills and registration status market conditions and business needs.

You have the potential to earn more through RBCs discretionary variable compensation program which gives you an opportunity to increase your total compensation provided the business meets its performance targets and you meet your individual goals.

RBCs compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting engaging and retaining talent that:

• Drives RBCs high performance culture
• Enables collective achievement of our strategic goals
• Generates sustainable shareholder returns and above market shareholder value

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Job Skills

Additional Job Details

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Inclusion and Equal Opportunity Employment

At RBC we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best effectively collaborate drive innovation and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect belonging and opportunity for all.